Tunisia’s Prime Minister-designate Youssef Chahed speaks during a news conference after his meeting with Tunisia’s President Beji Caid Essebsi in Tunis

Libya: Serraj Talks Security & Economic Partnership with Tunisia

Libya’s Prime Minister-designate backed by the United Nations Wednesday in Tunis discussed anti-terrorism and economic partnership with Tunisian leaders, as the unity government is trying to neutralize IS militants and restore economic activities between the two countries. The meeting is the second this month between Libyan high authorities and Tunisian authorities after Tunisian Prime Minister […]

UNCTAD says Africa investment still lagging despite global FDI rebound

Foreign investment in Africa remains under strain despite a rebound in global capital flows, the United Nations Conference on Trade and Development (UNCTAD) said last week, warning that weak project finance, high borrowing costs and geopolitical uncertainty continue to deter long-term investment on the continent. In its Global Investment Trends Monitor, published in January, UNCTAD […]

Libya to remove oil and food subsidies

Oil minister Al Arusi has announced that they will be joining the campaign against the sensitive fuel market reforms and will also be scrubbing off oil subsidies, which take more than 10% of the budget, before the end of 2016. The decision to remove fuel subsidies on all types of fuel is blamed on smuggling […]